Danske Research Team
Danske Bank A/S
Majors
EUR/USD: SHORT AT 1.3412 FOR 1.3157; REVISE STOP AT 1.3338
USD/JPY: BUY AT 103.54 FOR 104.92; STOP AT 102.85
GBP/USD: SHORT AT 1.6650 FOR 1.6460; STOP AT 1.6685
USD/CHF: LONG AT .9121 FOR .9226 OBJECTIVE, STOP AT .9077
AUD/USD: BUY .9275 NOT FILLED, POSS BUY, AWAIT TRADE OPPORTUNITY
USD/CAD: LONG AT 1.0900 FOR REVISED 1.1027; REVISE STOP AT 1.0905
Crosses
EUR/JPY: BUY AT 137.67 FOR 138.77 OBJECTIVE, STOP AT 137.13
EUR/GBP: LONG AT .8000 FOR .8102; STOP AT .7965
EUR/CHF: POSSIBLY SELL
EUR/CAD: SHORT AT 1.4620 FOR 1.4410, REVISED STOP AT 1.4595
GBP/JPY: BUY AT 171.70 FOR 173.50; STOP AT 171.20
NZD/USD: SHORT AT .8400 FOR .8282; STOP AT .8440
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USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom
USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap.
Gold keeps consolidating ahead of US first-tier figures
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